Business

Notable News to Focus: Cousins Properties Incorporated (NYSE:CUZ)

Cousins Properties Incorporated (NYSE:CUZ) stock observed trading -35.43% off 52-week high price. On the other end, the stock has been noted 31.25% away from low price over the last 52-weeks. The stock disclosed a move of -8.07% away from 50 day moving average and -16.41% away from 200 day moving average. Moving closer, we can see that shares have been trading -7.30% off 20-day moving average. It has market cap of $4.38B and dividend yield of 4.32%.

On Sept. 21, 2020, Cousins Properties Incorporated (NYSE:CUZ) disclosed that its Board of Directors has declared a cash dividend of $0.30 per common share for the third quarter of 2020.  The third quarter dividend will be payable on October 15, 2020, to common shareholders of record on October 5, 2020.

About Cousins Properties

Cousins Properties is a fully integrated, self-administered and self-managed real estate investment trust (REIT). The Company, based in Atlanta, GA and acting through its operating partnership, Cousins Properties LP, primarily invests in Class A office towers located in high growth Sun Belt markets. Founded in 1958, Cousins creates shareholder value through its extensive expertise in the development, acquisition, leasing, and management of high-quality real estate assets. The Company has a comprehensive strategy in place based on a simple platform, trophy assets, and opportunistic investments.

The USA based company Cousins Properties Incorporated moved with change of -3.28% to $27.76 with the total traded volume of 1210071 shares in recent session versus to an average volume of 890.60K shares. The stock was observed in the 5 days activity at -6.75%. The one month performance of stock was -8.95%. CUZ’s shares are at -8.89% for the quarter and driving a -25.83% return over the course of the past year and is now at -32.62% since this point in 2018.  Right now the stock beta is 0.85. The average volatility for the week and month was at 4.34% and 3.19% respectively. There are 148.55M shares outstanding and 147.38M shares are floated in market.

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